Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7413202 | Journal of World Business | 2018 | 11 Pages |
Abstract
Employee stock-ownership plans (ESOPs) offered by multinational enterprises (MNEs) present an attractive investment for employees. Puzzlingly, participation rates are often low, raising the question what drives ESOP participation on a global scale. Grounded in the knowledge-based view of expatriate research, we build on the notion of expatriates as implicit knowledge transferors within MNEs. We hypothesize a positive effect of expatriate ESOP participation on subsidiary-employee ESOP participation, which is even higher when a subsidiary-employee's distance toward the program and the firm is greater. Empirical results confirm our hypotheses suggesting that expatriates can be a mechanism to bridge the distance within MNEs.
Related Topics
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Business and International Management
Authors
Carolin Ahrens, Jana Oehmichen, Michael Wolff,